Riverside County Office Of Education Foundation
- Assets
- $343.7k
- Revenue
- $10.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Riverside, CA
- Founding
- 12/2013
- Data as of
- 06/2021
- EIN
- 37-1704913
Organization Overview
Riverside County Office Of Education Foundation is located in Riverside, CA. The organization was established in 2013. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverside County Office Of Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Riverside County Office Of Education Foundation generated $10.2m in total revenue. All expenses for the organization totaled $10.1m during the year ending 06/2021.
Since 2021, Riverside County Office Of Education Foundation has awarded 20 individual grants totaling $10,041,362. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE, RAISE FUNDS FOR THE BENEFIT OF, MOTIVATE AND ENCOURAGE STUDENTS AND PROVIDE AND ENHANCE OPPORTUNITIES FOR STUDENTS PARTICIPATING IN THE EDUCATIONAL, LEADERSHP, CHILDREN AND FAMILY SERVICES, STUDENT PROGRAMS AND SERVICES, AND OTHER PROGRAMS OF THE RIVERSIDE COUNTY SUPERINTENDENT OF SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS TOTALING $79,250 AWARDED TO 55 STUDENTS. GRANTS WERE ALSO MADE TO RIVERSIDE COUNTY OFFICE OF EDUCATION AND SCHOOLS WITHIN RIVERSIDE COUNTY TOTALING $10,041,362 TO SUPPLEMENT EDUCATIONAL TECHNOLOGY AND OTHER EDUCATIONAL PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Eckstrom Director | OfficerTrustee | 1 | $0 |
Diana Kot Chairman | OfficerTrustee | 1 | $0 |
Lou Monville Vice Chair | OfficerTrustee | 1 | $0 |
Ana Farfan Secretary | OfficerTrustee | 1 | $0 |
Tina Daigneault Treasurer | OfficerTrustee | 1 | $0 |
Jack Clarke Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $47,295 |
| Fundraising events | $7,320 |
| Related organizations | $0 |
| Government grants | $10,000,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $123,574 |
| Noncash contributions included in lines 1a–1f | $48,682 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,178,189 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $830 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,179,019 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,041,362 |
| Grants and other assistance to domestic individuals. | $79,250 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,470 |
| Advertising and promotion | $0 |
| Office expenses | $72 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $10,125,741 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $334,672 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,562 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,449 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $343,683 |
| Accounts payable and accrued expenses | $219 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $219 |
| Net assets without donor restrictions | $264,051 |
| Net assets with donor restrictions | $79,413 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $343,683 |
Grants Awarded
Over the last fiscal year, Riverside County Office Of Education Foundation has awarded $10,041,362 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
COACHELLA VALLEY USD PURPOSE: EDUCATIONAL PROGRAMS | $1,250,000 |
JURUPA USD PURPOSE: EDUCATONAL PROGRAMS | $1,100,000 |
BEAUMONT USD PURPOSE: EDUCATIONAL PROGRAMS | $1,075,000 |
CORONA NORCO USD PURPOSE: EDUCATIONAL PROGRAMS | $1,025,000 |
MURRIETA VALLEY USD PURPOSE: EDUCATIONAL PROGRAMS | $882,500 |
MORENO VALLEY USD PURPOSE: EDUCATIONAL PROGRAMS | $770,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Riverside County Office Of Education Foundation has recieved totaling $128,911.
| Awarding Organization | Amount |
|---|---|
Growing Inland Achievement Yucaipa, CA PURPOSE: INNOVATION AWARDS | $123,911 |
Verizon Foundation Basking Ridge, NJ PURPOSE: STUDENT SCHOLARSHIP PROGRAM | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Associated Students Ucla Los Angeles, CA | $54,580,827 | $39,327,069 |
Csu Fullerton Auxiliary Services Corporation Fullerton, CA | $104,352,109 | $45,637,535 |
New Schools Fund Oakland, CA | $55,397,321 | $41,218,694 |
Chico State Enterprises Chico, CA | $47,170,077 | $46,861,327 |
Ilead California Charters 1 Acton, CA | $20,389,401 | $46,593,851 |
California State University Long Beach Research Foundation Long Beach, CA | $178,267,984 | $49,511,748 |
The Claremont Colleges Inc Claremont, CA | $182,085,874 | $52,502,841 |
California Polytechnic State University Foundation San Luis Obispo, CA | $434,195,321 | $44,339,782 |
U Of O Foundation Supporting Organization Eugene, OR | $394,248,848 | $33,595,955 |
University Of Nevada Las Vegas Foundation Las Vegas, NV | $436,194,901 | $57,839,511 |
Campanile Foundation San Diego, CA | $517,706,793 | $63,277,722 |
Csula Auxiliary Services Inc Los Angeles, CA | $54,210,339 | $35,550,804 |